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RE: Trillionaire Rothschild Warns His Own Central Banking System Is Failing and Buys Gold
What if you get hacked and some hacker steals some or all of it?
What if you get hacked and some hacker steals some or all of it?
Umm it is still a Visa card and is quaranteed against fraud by Visa. But I don't leave put everything on the Bitpay Card. I leave most of it in various exchanges like Bittrex, Poloniex, Coinbase, etc. I also have some of it on Gyft and a few other places. I only transfer what I need (when I need it) to the Bitpay Visa.
Same j use gyft and egifter. Great programs
Get Mycelium on your phone. Get Electrum or Armory on your PC. When you keep Bitcoin in exchanges like BIttrex, Poloniex and Coinbase, you don't actually own your Bitcoin. You are entrusting it to a third party who is subject to hacking or legal action. The recent Bitfinex incident should make clear to you that unless you keep your Bitcoin keys either off-line or on your own hardware, all your cryptocurrency holdings are at-risk for theft (whether by government or private criminals.)
Did you have anything in Bitfinex? Aren't you scared of keeping your funds with a third party that could be hacked?
From your previous remarks in chat it seems you aren't in a financial place to really invest at the moment but hopefully you will get there. How would you go about growing your wealth through investment and interest?
Are you just relying on the btc value to keep growing and at the very least keep up with fiat inflation?